Micky - your post makes no sense. All stocks drop on ex-div, it's how the game is played, and it is fair for all.
I sense some frustration in your post, care to elaborate? This is a good stock to own today. Look at some of my prior posts, to see how to play it to make even more money in January.
And don't listen to avecincestor. He offers no opinion, no insight, no analysis, no conclusions, no predictions. I'm the first to say that mine may not be correct, but at least I'm offering them for debate. Negativity has no place in civil discourse.
When a divy is paid CASH is removed from the comapny and distributed to YOU. Therefore the company is worth LESS. In this case JRT is RETAINING most of the cash. JRT is therefore more valuable ceritus paribus, however your overall ownership stake will not change as shares increase.